Date: 26th June 2024. Market News – European Stocks Follow US Gains, Inflation Pressures Rise in Australia. Financial Markets Performance: * The USDIndex firmed but off its 105.78 peak. * USDJPY held just below the critical 160 per Dollar level,...
The GBP/USD currency pair has begun to show signs of forming a bottom, with the price action currently testing the lower red channel line. This suggests that the market is in a consolidation phase and attempting to establish a stronger foothold....
AUD-USD PAIR REVIEW This evening I will try to discuss the movement of the audusd currency pair using fundamental analysis and technical analysis as material for consideration in future audusd trading. The movement of the audusd currency pair today...
The USD/JPY currency pair is stuck in a narrow trading range during Asian trading hours this Wednesday. This comes after briefly touching a 34-year high earlier in the week. However, the upside potential for the USD/JPY remains limited due to the...
The Art and Strategy of Scalping in Trading Scalping is a high-frequency trading strategy that aims to profit from small price changes in financial markets. This method is distinct in its speed and precision, requiring traders to make rapid...